BARRIERS IDENTIFIED IN PRESENT TRADING EXCHANGES
In present time most trading exchanges only make accessible to investors,details regards price and volume data and such details are given in different degree of complexity. However the responsibility and burden rest on the investor to carry out detailed analysis based on the information on trading data on the exchange. In accordance to ascertain a stance,most investors will rather prefer to make use of technical data and as well as either of these options;
°The market sentiment on a specific trading pair.
°Information on the specific pair,macroeconomic view on altcoin/cryptocurrency market.
°Analyst report or price target
°Clarity on security token.
Projects,companies etc keep up its business activities,making use of social media platform such as Github,Reddit,Bitcointalk,Twitter,Facebook and Telegram. Individuals present in such platforms are mostly persons that have investment in such project and as such either inclined to its successes or its failure. However most of the companies or projects are negligent in stipulating the entire situation regards market sentiment. An intending investor for instance carrying out more inquiry about the project,is not opportune to get full details from other investors that have being slidelined. Sometimes expert active on these social platform post price target and analysis,mostly leave new investor devastated by their actions,as no definite place for comparison of targets or opinions of experts.
Also notifications or publications are usually made on these social media platform which is then disseminated by crypto media. The concern however will be getting to hear about the information promptly to be able to be decisive regards price action or being updated quickly would mean an investor need to be active on such platforms. It then however become difficult for the investor to stay active and remain fully informed on all projects platform. And more likely when such information of interest gets to the public not filtered and sometimes convey a biased report.
And most especially the issues surrounding security token which has been a huge set back for the crypto trading world,as no advancing efforts made by exchanges to back it up the cause and establish it,also no formal training or instructions to impart knowledge to users.
Crypto currencies act upon news. It is expedient a trader is updated with precise and authentic notification,news or informations. Nebula aim to introduce authentic information and report from an attested source. A channel will be generated to allow for publications of newly listed project as well and to make certain,no news or information that have not been filtered is received from the project instantly. Nebula seek to make possible a trading exchange that is furnished with amazing and outstanding activities from which users/investors will gather knowledge,opinion and skill.
NEBULA OBJECTIVES
NEbula is an unusual centralised cryptocurrency exchange platform, it aims to design and offer an exchange that will perform a combination of activities which includes;art of trading with new update,technological analysis,users review and P2P messaging,which will make attainable one-stop community centered on trading. Nebula considers that in this emergent phase,inexperienced investors or traders should not rely on price and volune data alone on deciding on trades and this is what Nebula Exchange aim at resolving. Security token will also be established on Nebula exchange.
FAVOURABLE CONDITION TO NEBULAS SUCCESSES
●Nebula has devoted and committed team to improve user/investors activities.
●Greater liquidity,rapid and swift trading experience.
●Easy accessibility and pairing with FIAT currency.
UNIQUE FEATURES/FUNCTION NEBULA OFFERS
1.SECURITY
For every investor,trader or user,safety or security is paramount and of a major concern. Hence Nebula made some laydown actions designed to achieve this purpose,they include;
◆Passcode combined with 2FA Autenticator code for signing in and for placing withdrawals as well.
◆DDOS protection from cloudflare.
◆Independent review and examinations of activities regards smart contract,to test its adequacy and effectiveness.
◆Security Audit and penetration testing by top-class security consultant.
◆ Effective combination of multi signature of both Hot and Cold wallets to guarantee safety and accessibility of user funds.
2.TRADING PLATFORM
Nebula trading platform is designed in such a way to be resistant to failure despite unexpected errors. Its straightforward for highly professional/experienced trader and uncomplicated for new or inexperienced traders. Features contained are;
◇Margin trading with up to 10× leverage.
◇Limit,market,and stop loss orders.
◇Professional charts licensed by Trading view Chart.
◇Multi signature wallets with an uptime tracking/supervising.
◇Capacity of registering as much as 1,000,000 transaction per secound.
3.REPUTATION POINTS
Reputation points makes Nebula distinct from other exchanges. A 5-star review can be made regards any cryptocurrency via the platform with the inclusion of price target and TA chart. The community rates the review. Any trader can follow a trustworthy reviewer to receive notifications on submission or news by them. And users may also give a recompense in the advice chart for providing a trade advice or for rendering assistance in mastering trading act.Also a new user account begins with 0 RP and eventually points can be obtained and increased by means of referring,constant signing in,a follower,a thumbs up on review and a "Thanks" button.
4.P2P MESSAGING AND TROLLBOX
On Nebula platform,users have their private message inboxes with which one can communicate with anyone privately using the P2P message method. Also can be able communicate with the entire community at large via multi language troll boxes.
5.AFFORDABLE LISTISING
Nebula will make possible,a means for viable projects that will excel on its due diligence process,to enable them list at satisfactory prices. Nebula aspire to grant the community admittance to some best project readily obtainable,at the same time giving oppurtunity to those project team to utilise their fund for their respective project development instead of listing.
Nebula have currently partnered with 40 project for listing at exchange launch.
6.REFERRAL REWARD SYSTEM
Nebula has a unique method of motivation via the referral system. Every account holder has a referral code that can be used to invite others. As soon as a user signs up using the code,the referee receives 50% of transaction fee paid by their referral annually.
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NEBULA INCOME SOURCE
~Transaction fee: A levy of 0.1% will be required as fee by the exchange covering all trades on the platform,with the exclusion of any special offer,NESC discount or referral kickbacks. However a reversal of fee can be done on the basis of Administrative diplomacy.
~Withdrawal fee:A withdrawal fee is deducted by the exchange at the point when users effect a withdrawal of funds from the exchange.
~Listing fee: A listing fee is obligatory by the new project at reasonable amount.
TOKENIZATION.
NESC(Nebula Exchange Star Credit) is officially Nebula token. Transaction can be effected in NESC and thus qualify the user to 50% discount in fee. Also NESC will be accepted for project listing.
NOTE:All fees accepted for both transaction and listing will be burned.
Nebula will employ and utilise 25% of its profits purchasing back NESC token quarterly and thereafter burn them. Publications regards that will be done ahead of time.
Total number of token created is dependent on total amount of resources generated and will be revealed at the completion of ICO procedure.
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ROADMAP
For more details please visit this link below;
Website:https://nebula.exchange
Whitepaper:https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4583209
Bitcointalk username: Spicytee
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1579677;sa=account
Source: Whitepaper